$WLD

(August 14, 2025),

Worldcoin (WLD) is trading at **$1.01–$1.02**, down **~6%** in the past 24 hours . Here’s a concise analysis of key drivers:

📉 Bearish Drivers

1. **Technical Breakdown**:

- Broke below critical support at **$1.02**, triggering automated sell orders .

- Trading below all major moving averages (50-day SMA: **$1.035**, 200-day SMA: **$1.28**) .

- Bollinger Bands show resistance at **$1.20** and support at **$0.8959** .

2. **Market Sentiment**:

- Dominantly **bearish** due to RSI neutrality (55.92) and "SELL" signals from oscillators (e.g., Stoch RSI) .

- High volatility (**8.22%**) and fear of further declines below **$0.7076** support .

3. **Macro Pressures**:

- U.S. institutional selling (negative Coinbase Premium Gap) .

- Sector-wide crypto slump (BTC/ETH down ~3%) amplifying losses .

🔍 Near-Term Outlook

- **Downside Risk**: Failure to reclaim **$1.02** may push WLD toward **$0.895–$0.707** .

- **Catalysts**: Regulatory scrutiny over biometric data collection remains a headwind .

💎 Long-Term Context

- **2030 Forecasts**: Range from **$1.60** to **$20+** , hinging on adoption of World ID ecosystem.

In short, WLD’s drop stems from **technical breakdown + sector-wide risk aversion**, with bearish momentum likely to persist short-term.